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Pipit Global Expands to 12 African Markets With Cellulant
UK-headquartered global cash payments platform Pipit Global and pan-African payments company Cellulant have extended their partnership agreement to include eighteen new countries in Sub-Saharan Africa. Through the partnership, the two companies will provide both B2B and B2C payments services to
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The 5 Most Popular Fintech Startups in South Africa 2021
South Africa is one of the top hubs for fintech, with several fintech startups in South Africa dominating headlines in 2021. The country, known for its “clearly defined startup ecosystem with multiple players across capabilities,” sees a relatively high fintech
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Fintech Digest: Mubadala Remains Optimistic About Crypto Investments
Abu Dhabi’s sovereign wealth fund Mubadala has made investments in the crypto ecosystem amidst its growing value, Reuters reported. “This is a business that had, what $200 billion worth of crypto value two years ago, and it’s two and a
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Google’s US$50m Africa Investment Fund Invests in Superapp SafeBoda
Uganda-headquartered superapp SafeBoda has become the first company to receive funding from Google’s US$50 million Africa Investment Fund. The undisclosed round also saw participation from GoJek’s GoVentures, Allianz X, Unbound, Beenext, and Justin Kan, TechCrunch reported. SafeBoda has reportedly raised
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BlocPal and PayPassage Launch “Phygital” Financial Services Marketplace in Nigeria
Canada-based digital transaction platform BlocPal International and its majority-owned Nigerian subsidiary PayPassage have partnered to launch a financial services marketplace in Nigeria. The partnership marks BlocPal’s first launch in Africa, a statement from the company said. This is BlocPal’s third
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Tyme Picks Up US$70 Million Series B From Tencent and CDC
Singapore-headquartered challenger bank Tyme has closed a US$180 million Series B round with fresh infusions from Tencent and CDC. The company raised US$70 million from the China-based internet giant and UK impact investor, a statement from Tyme said. Funds will
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Watch Out for These 5 Fintech Events in Africa in H1 2022
Fintech events in Africa can be centres of crucial conversation, considering the traction that the sector has gained in the continent just in the past year. In many ways, the development of the fintech industry across the African continent represents
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Fintech Digest: South Africa Gears up for New Crypto Regulatory Framework
South Africa will be launching a new regulatory framework for cryptocurrencies in early 2022 (Bitcoin.com). The country’s Financial Sector Conduct Authority (FSCA) announced that it would be unveiling a crypto regulatory framework for the trading of crypto coins. “What we
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Identity Solutions Provider Entersekt Raises Funding From Accel-KKR
Cape Town-headquartered device identity and authentication solutions provider Entersekt has bagged an investment from Accel-KKR. According to a statement, the investment from the technology-focused private equity firm will allow the company to boost hiring and expansion into new markets. “We are
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Arab Bank Wraps Up First Edition of Egypt Fintech Bootcamp
Arab Bank Egypt has concluded the first edition of its fintech bootcamp for Egyptian startups, with cash funding provided to three winning fintech startups. The one-week bootcamp took place between the 21st and the 25th of November this year, according
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